12. Supplier management and unethical suppliers
At a general level, the development and implementation of a high quality supplier management program allows the company to create the benefits above stated. All of these perceived outcomes, such as increased trust, collaboration and communications, have the eventual outcome of improving the relationship between the company and its providers. At an ethical concerns level, this materializes in the following:
The firm is better able to identify and assess any ethical concerns
The firm is better able to convince the supplier to implement a more ethical approach of the business operations.
13. Conclusions and recommendations
The emergent challenges which impact the modern day economic agents force them to implement a highly ethical behavior and this expands to their relationship with the organizational purveyors. In this order of ideas, an ethical conduct is essential for operational efficiency, competitiveness and ultimate business success. In order to ensure a high ethical quality in the company-supplier relationship, the following...
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